June 23, 2016
Cyber Crime – Staying Safe Online
Cyber risk isn’t just an issue for businesses. Over two-thirds of us now have a smartphone, and in 2015 they overtook laptops as the UK internet users’ number one device. On average we spend two hours a day online, browsing the internet, accessing social media, banking and shopping so staying safe online should be a priority.
The Internet is an incredibly powerful and useful tool, invaluable for staying up-to-date with current issues and keeping in touch with close family and friends. However, with the good always comes the bad. Personal cyber crime takes many forms from online identity theft and financial fraud to stalking, bullying and hacking, and any one of these can wreak havoc in victims’ lives.
Be careful what you share
Social networks like Facebook and Instagram are a great way to stay connected, but always be wary of how much personal information you post. Whilst cybercriminals may try to get you to click on a link or open an attachment, they can also exploit publicly available information too – they may be able to establish your date of birth from all the greetings on Facebook, but your local burglar may also be interested to know that you’re currently on a lovely tropical beach enjoying a family holiday.
Are you covered?
Unlike commercial insurance, where specific cyber policies have been developed to provide an all-encompassing solution for cyber risks, this has yet to extend to personal cover.
Ros Urbanowicz, who leads the household team at Wilsons, is encouraging clients to think about their daily digital lives carefully. “Many standard insurance policies don’t include Identity Fraud Detection and Assistance. We have access to an unrivalled number of specialist insurers, with more extensive cover that includes this type of support, which can be invaluable should you fall victim to identity theft.
“Theft or loss of belongings outside the home may not be covered on a standard policy either, and with more smartphones, tablets and wearables to carry every day, it’s vital you have the appropriate insurance cover for those too. We advise our clients to consider a home insurance policy that covers all of their possessions on an ‘allrisks worldwide’ basis, so they are automatically covered when they are out and about, or even out of the country.
Even if your devices are covered, basic security such as passcodes are still essential, and the ability to wipe a lost phone remotely if it is lost can give valuable peace of mind. Remember to perform regular back-ups too!
Our Private Client Team will be pleased to give guidance on the policies that offer the most protection. Just call Ros on 0115 942 0111 – you can email if you like, but we think a good old-fashioned chat makes a nice change!